Olaplex Holdings, Inc. (OLPX, Financial) experienced a notable stock movement with a sharp decline of 5.07%. The stock is currently priced at $2.22 per share, with a trading volume of 1.70964 million shares and a turnover rate of 0.26%. The price movement registered a volatility of 7.26%.
Recent financial reports indicate that Olaplex achieved a revenue of $104 million, with a net profit of $5.78 million, equating to an earnings per share of $0.01. The gross profit stood at $61.70 million, and the company’s price-to-earnings ratio is 31.12. Analysis from financial institutions shows that among 11 participating analysts, 9% recommend buying, 82% recommend holding, and 9% suggest selling the stock.
Within the retail sector, which saw an average decline of 0.11%, stocks like Zooz Power Ltd, Container Store (The), and Boqii Pet increased significantly, with Boqii Pet, Evgo Inc., and JBDI Holdings Limited showing high activity levels. Notably, Container Store, Evgo Inc., and Boqii Pet experienced sizable price swings.
Olaplex Holdings Inc is a technology-driven beauty company focused on scientifically-backed solutions to improve hair health. The company collaborates with hairstylists and consumers to address key hair care concerns through its innovative technology. Revenue is primarily generated through professional sales channels, followed by professional retail and direct-to-consumer (DTC) channels. A significant portion of its income comes from international markets.
